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CBS
Nov 29, 2012 4:00am PST
mitt romney for lunch. it's closed to the press but those fiscal cliff talks will be part of that discussion. >> curious minds will want to know. susan, thank you. the fiscal issue of another sort, the record setting powerball jackpot. we like talking about this fiscal issue. this morning lottery officials say there are two winning tickets for the grand prize. the winning tickets were sold in arizona and missouri. the prize winners have not come forward. the winning numbers, 5, 16, 22, 23, 29 and powerball 6. the winners will split a jackpot of more than $587 million. second largest in u.s. lottery history. later in the broadcast, a report from anna warner on the down side to lottery fever. addictive gambling. that's later on this morning. this morning the west coast is getting ready for the second of three back-to-back storm systems, the so-called pineapple weather system started in the hawaiian islands. some call it a train. a mix of powerful torrential rains and strong winds. it has knocked down power lines and trees in northern california yesterday. a second more power
FOX News
Nov 30, 2012 3:00pm PST
hand because the fiscal cliff talks allow him to back opposition to a corner, by framing this as the republicans raising taxes. >> if congress does nothing, every family in america will see their income taxes automatically go up on january 1. the lump of coal you get for christmas. >> congressional democrats are operating like they don't have to compromise on spending or taxes. >> elections have consequences. the president campaigned. he made it very clear. he made it very clear that he was supporting tax cuts for the middle class. that he wanted the expiration of the tax cuts for the high end. >> with very little progress among the inside players so far, the president now plans to keep pressuring republicans from the outside. he will be meeting with the nation's governors tuesday and he will address the business round table on wednesday. bret? >> bret: ed henry live on north lawn. thank you. we'll talk now about what almost everyone seems to be afraid of. if a deal does not get done. chief congressional correspondent mike emanuel has the worst case scenario. >> i'm more
FOX Business
Nov 29, 2012 5:00pm EST
and untouchable deduction is on the table for fiscal cliff talks. that costs the government $100 billion a year. you know they're looking at every rock for revenue. it would take buyers away from the house market and it could be devastating to the economy. we have lindsey piegza and dan mitchell, from the cato institute. welcome to you both. lindsey, let me start with you. we shouldn't be surprised everything is on the table here, right? >> sure. but this is a big potential problem. it would no doubt cause prices on homes to fall? liz: to rise? >> i'm sorry. liz: if you took the mortgage deduction it would cause prices to rise. >> we would see prices fall because the demand for homes would teeter. this is big decision whether deciding to rent or purchase. you remove that incentive people will drop out of the marketplace. all of sudden a lot of potential homebuyers would-be homebuyers drop out of the marketplace and cause decline in prices up to 10%. this could really undermine any momentum we've seen in the housing market as of late. liz: that is interesting point of view because when i'm looki
CNN
Nov 29, 2012 2:00am PST
. >> he said america can't afford itself right now the way we're going. fiscal cliff talks today continue with geithner making the rounds on capitol hill. later this morning, third quarter gdp expected to be revised higher. economists expect gdp for july to september to be revised from 2% to 2.8%. that would be good news. this is still modest growth. everyone hopes that next year will be a better year than this one in terms of growth. you want to see more than 2.5% growth consistently. >> i will say amen to that. >>> if at first you don't succeed, coming up, south korea trying to launch another rocket. find out how it went this time. >>> and if you are leaving the house now, watch us any time on your desk top or your mobile phone, just go to cnn.com/tv. a , try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. but when i was in an accident... i was wo
MSNBC
Dec 3, 2012 10:00am PST
nowherep. just 28 days left and fiscal cliff talks are at a standstill over taxes and entitlements. >> they must have forgotten that republicans have continued to hold the majority in the house. but, you know, the president's idea of a negotiation is roll over and do what i ask. we need to find common ground and we need to find it quickly. >> could the only thing standing in the way of that would be a refusal by republicans to accept rates have to go up on the wealthiest americans and i don't really see them doing that. >> thank you very much. mr. president. >> meanwhile as nato prepares to deploy patriot missile defenses to turkey, hillary clinton warns syria against moving its chemical weapons. >> this is a red line for the united states. i'm not going to telegraph in any specifics what we are would do in the event of credible evidence that the assad regime has resorted to using chemical weapons against their own people, but suffice it to say, we are certainly planning to take action if that eventuality were to occur. >> and while washington buzzes over this video tribute to clin
FOX News
Dec 2, 2012 8:00am PST
" saying, "we're nowhere" in fiscal cliff talks with democrats. treasury secretary tim geithner saying and telling chris wallace republicans must accept the tax hikes for the wealthy to reach a deal. a deal is what we are after. peter doocy live in washington with more. peter, tell us first, speaker boehner -- the big problem right now with the white house proposal that was just presented. >> jamie, speaker boehner says he was flabbergasted when the treasury secretary geithner came to capitol hill and told him what the president wants. and this is why. >> the president is asking for $1.6 trillion worth of new revenue in ten years. twice as much as he has been asking for in public. he had stimulus spending in here that exceeded the amount of new cuts he was willing to consider. it was not a serious offer. >> reporter: secretary geithner says the white house $4 trillion plan has 2 to 1 ratio of cuts to spending increases. but everything we heard from speaker boehner suggests the $1.6 trillion in new revenue the white house wants is too much. especially since boehner does not want to incr
MSNBC
Dec 1, 2012 12:00pm PST
correspondent mike viqueira. what can you make of this? fiscal cliff talks are they a nonstarter? >> i tell you, you listen to everything that is being said publicly. you see the president there. it's clear that the election, yes, is over. but the campaign goes on here. you know, i really believe that there two things that are clear from the white house to republicans. we are still in preliminary stages here, which is the good news, considering they are far apart. number two, the white house clearly feels it has the upper hand. it came with the $1.6 billion in new revenues and that's twice what the president was talking about before the election. republicans, obviously, rejecting it out of hand. we all heard by now republican leader in the senate mitch mcconnell laughed at it. there you see some of the provisions there. $600 billion in savings. some of it from medicare, another 50 billion in spending and new spending on infrastructure and stimulus spending. that's something that republicans aren't going to want to go to. the two sides are far apart. here we are on december 1st, the clock is tic
CNN
Nov 29, 2012 1:00pm PST
: as the country fast approaches the fiscal cliff, the two sides are talking past each other. democrats say they've laid down their marker hiking tax rates on wealthier americans. and it's up to republicans to propose specific spending cuts they want to entitlement programs. however, republicans say they've offered a concession putting revenue on the table. and they say it's now up to the president and his fellow democrats to feel some pain and propose cuts in medicare and medicaid. confu confusing? we asked senate majority leader harry reid. where's the disconnect? >> i don't understand his brain. so you should ask him, okay. >> from capitol hill to the white house, democrats say the major hurdle remains, the tax issue, whether republicans will agree not just to revenue but to raising tax rates. republicans as you will not be surprised have made clear so far that is a no-go. so what's next? well, a top republican aide told me they look forward to hearing from the white house. a top democratic aide saying, our door is open. read that, wolf, as a standstill. >> they've waited a few weeks before a
CBS
Nov 29, 2012 7:00am PST
geithner is up on capitol hill to lead negotiations on the fiscal cliff talks. >> you're not going to grow the economy if you raise taxes on the top two rates. that's not the right approach. >>> string of nasty storms barreling into the west coast. powerful winds have started knocking out power. >> just need to get to the other side of town. i don't have a choice. >> picked a bad day to do it? >> yeah. >> u.s. embassy in cairo is closed. the entrance is blocked by protesters as clashes erupt nearby. >> zebra and s hechlt tland pony ran wild through the streets of new york city. they apparently escaped from a petting zoo. >>> nypd says actress lindsay lohan has been raefed and charged with assault. >> three, two, one. >> only nbc would make a television event out of plugging something in. >> all that -- >> oh, humphries and rondo get into it. officials trying to get control here. >> don't tell me what i think. when i said i didn't have a problem, i don't have a problem. got it? >> and all that matters. >> president obama plans to play host to his old political rival, mitt romney. >> on "cbs
CNN
Nov 29, 2012 9:00am PST
at the white house at an interesting time. not only are the fiscal cliff talks going on, which mitt romney might have some input on that, but suzanne, as you well know, what is also happening right now, they are getting prepared for the inauguration just outside the grounds of the white house. they're putting up the bleachers for what's happening on january 21st. probably a bittersweet moment for mitt romney as well on that front. >> yeah. that's probably true. let us know what they're serve and if there's anything that comes out of their discussions today. thanks, jim. good to see you, as always. >>> palestinians, they want their own state, of course, and a vote by the u.n. today could actually put them one step closer to getting it. there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announc
FOX News
Dec 1, 2012 1:00pm PST
as interview with treasury secretary tim geithner who is the president's lead negotiator in the fiscal cliff talks. all tomorrow on fox news sunday, check your local listings for the time and channel in your area. >> heather: wicked weather out west pounding parts of northern california for a second day in a row. the rain soaked area bracing for more stormy weather today. new warnings of potential mudslides and flash floods after yesterday's system washed out streets, brought down power lines, knocking out electricity to thousands. dominic is live for us with the latest. dominic? >> hi there. worst yet to come. this third storm coming through overnight tonight. no one really sure quite should have water it's going to drench the region with. we had two major storms come through that dumped so much, that we've seen flooding everywhere. first person reports coming in of probably being damaged, particularly down in fulsome where a park became flooded and the water gushed through people's homes. here is one of the residents affected by that. listen to what he saw. >> i don't have carpet. >> it cl
PBS
Nov 29, 2012 12:00am PST
talk of avoiding the much-discussed fiscal cliff. but as november wound down, the president suggested an agreement on taxes and spending could come in time for the holidays. >> i believe that both parties can agree on a frame work that does that in the coming weeks. in fact my hope is to get this done before christmas. >> you know me, i was born with the glass half full. i'm an optimist. >> brown: hopeful signs emanated from the white house and the capitol today, about getting a deal before the new year brings automatic tax hikes and spending cuts. president obama offered his optimism at an event with middle-class americans who'd be hit by any tax increase. >> i'm glad to see-- if you've been reading the papers lately-- - that more and more republicans in congress seem to be agreeing with this idea that we should have a balanced approach. so if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> brown: one such lawmaker is republican house member tom cole of oklahoma. the journal "politico" reported he's urging colleagues
FOX News
Nov 29, 2012 8:00am PST
the scenes of the talks to avoid the fiscal cliff. it seems the framework for a deal actually might be taking shape. if so, what will it look like? david drucker has been nosing around a little bit. the associate politics editor at "roll call." when you hear senators and speaker of the house come out and talk it doesn't sound like they're all that close, david. are you optimistic? >> well i'm sort of on the fence here, jon. whenever you hear members of congress talk about any kind of fiscal cliff deal you have to approach it with a sort of believe everything and believe nothing attitude. i think that everybody wants to avoid having taxes go up for all americans as of january 1st but everybody has a price for that. and it, to me, it's about whether or not both sides are looking for a win-win deal, meaning, my opponent wins and i win. or whether both sides or one of the sides are looking for a deal where only i win and you lose and on top of all of that then we have to look at what do they want to include in any sort of deal? are we going to address entitlement reform? are we going to cut spend
FOX News
Nov 30, 2012 6:00am PST
, it is a friday morning and this is not a game. words from john bain other as we get react on fiscal cliff talks that exploded in the open. saying that it reads like a democratic wish-list and could plunge the economy back into recession. oh joy. welcome here. i'm bill hemmer. live in "america's newsroom.". martha: good morning, bill. bill: we'll find the silver lining in this, aren't we? martha: we are. bill: that is our quest. martha: i'm martha maccallum. here are the basics when they put forth through tim geithner yesterday from the president. 1.6 trillion in new taxes. that is the opening part of the deal. 50 billion in new stimulus spending. we already had a lot of backlash in stimulus in previous packages. this is interesting element here. new executive power to raise the debt limit. that is what caused so many of these discussions because they bump up against the debt limit and not be able to go back this. there is executive power plea to be able to do that without going back to confess. republicans are saying where is the balance? where is the spending cut side of the equation. the pres
MSNBC
Dec 1, 2012 9:00am PST
@alexwit. >>> apparent progress in the so-called fiscal cliff talks. it appears both sides may be digging in their heels. nbc's mike viqueira joins me from the white house with the very latest. if there's anything new to report. seems like everyone is in their own separate corners, mike. >> reporter: it's no longer november. this is december 1st. it's a new month, the last month before we go over the fiscal cliff. now both sides after a lot of bipartisan talk of compromise in that post-election period, alex, it turns out what we have now a typical washington standoff. >> the president of the united states. >> reporter: visiting a toy factory outside philadelphia, the president urged congress to act and avoid the fiscal cliff. if not, he says, taxes go up for everyone, including the middle class. >> it's sort of like the lump of coal you get for christmas. that's a scrooge christmas. >> reporter: with the election over the president has begun a new kind of campaign, for votes in congress. a series of white house meetings with business leaders, a grassroots effort on twitter, and friday's t
PBS
Nov 29, 2012 6:00pm PST
of refusing to talk specifics about how to avoid the fiscal cliff. the two sides traded charges of bad faith as year-end tax hikes and spending cuts moved another day closer. on the face of it there seemed to be little movement today. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. >> sreenivasan: treasury secretary timothy geithner and legislative chief rob nabors arrived at the capitol this morning, for meetings with congressional leaders. house speaker john boehner also spoke to president obama on the phone last night. he said he wanted to know where the administration would rein in spending, but that he had heard nothing new. >> i was hopeful we'd see a specific plan for cutting spending. we sought to find out today what the president is really willing to do. listen, i remain hopeful that productive conversations in the days ahead can be had but the white house has to get serious. >> sreenivasan: senate minority leader mitch mcconnell echoed that complaint. in a statement, he said, "today, they took a step backward and
FOX News
Dec 5, 2012 8:00am PST
bit about the fiscal cliff and that's something we've all been talking about recently, and what it means for us right now and the year ahead. we also have other business news. we'll get back to the president by the way if and when we get that feedback. he will be taking questions from the audience there of business leaders as gregg mentioned. elizabeth mcdonald ever the fox business network is standing by list toning some of what the president had to say about the economy. liz, can you place it in context about where our economy is right now. >> reporter: the president just now was placing it in the -- the economy in the broader context of what is going on in the world, mentioning asia, mentioning europe, and then he turned to what was the most important part of the speech, he started to speak and that is what is holding us back ironically is stuff that is going on in this town, and he also, the president also said, no one wants to get a deal done more than me. so he's trying to essentially give some encouragement to get the fiscal cliff deal talks ignited and going. and so this
CNN
Nov 29, 2012 4:00am PST
tryinging to kick start fiscal cliff talks. just 33 days. congress breaks for the holidays in 15 days. >> treasury secretary tim geithner is going to try to get the talks moving today. he'll meet with congressional leaders on capitol hill. let's go to dan lothian live in washington for us. dan, tell us should americans be hopeful something will be done in 15 days? that's before congress goes on vacation. >> let's remind a little bit. it was a week ago when president obama met with congressional leaders before he went overseas. there was a sense of optimism that they could get something done. now it appear it is two sides are still very far apart. so that's why you see the president pushing this tax extension for middle class americans. the president believing this is not necessarily the answer, the comprehensive answer. it's part of the solution. he's been meeting with small business owners at the white house. with big-time ceos as well. yesterday had middle class americans who expressed how they would be impacted by taxes going up to the tune of $2200 if the middle class tax extensio
MSNBC
Dec 2, 2012 9:00am PST
that he thinks we should go over the fiscal cliff. everyone i talked to in washington wants to avoid going over the fiscal cliff. and most importantly, they don't want to get the blame for it. that's why republicans will probably be motivate d to negotiate with the white house. it might be christmas eve, but in the end, that's what's going to bring them to the table. >> he said after a week or two, there would be the negotiations. he said instead of a cliff, it was like a curb. david, if americans, though, are going to blame the gop more so than the president, how much leverage does that give the president as negotiations are underway? >> i think it gives him substantial leverage right now. that's why you see him not revealing all his cards saying you have to come to us. speaker ba speaker boehner has to start with this. e he would look his speakership. and said sure, mr. president, we lost the election. this has to be his starting position. it's only december 2nd. we have a month, i think, lindsey graham saying we're going to go over the cliff. i don't buy that either. we have a motto get
PBS
Dec 4, 2012 6:00pm PST
what they need to see in a fiscal cliff deal. we talk with delaware governor jack markell. >> susie: i'm susie gharib. a coalition of the nation's top c.e.o.s is feeling pessimistic about getting a fiscal cliff deal.
FOX News
Nov 30, 2012 12:00pm PST
the potential fiscal cliff that everyone is talking about. he is smiling. today the president and republican lawmakers publicly bashed each other on their plans for a deal. the details are ahead. a man with a big heart. a santa costume and a lot of $100. a lost them. he is bringing early holiday cheer to super storm sandy victims. that is ahead unless breaking news changes everything. this is "studio b." first from fox at 3:00 in new york city we met the family that held one of the winning tickets to the record-breaking $588 million powerball jackpot. cindy hill bought the ticket in dearborn, missouri, population 500, half hour north of kansas city but she held off on checking the numbers. >> i didn't find out until the next day after i took my daughter to school and i want by to sigh the numbers. i got back in the car and i didn't have my glasses and i was, like, anying is that the right number? is that the right number? i was shaking, i called my husband and i said i think i am having a heart attack. >>shepard: i want a divorce. her husband, a mechanic, said he needed to seat winning ticke
FOX Business
Nov 28, 2012 7:00pm EST
up. ♪ the president and congress remain far apart on how to resolve the fiscal cliff. we are looking at what may be a federal government disaster. guess what, the governments are in no better shape. that's tonight's "chalk talk." triple digit gains on wall street today. the dow jones industrial rally after the speaker of the house speaks. will a drawn-out fiscal clip negotiation change in the streets direction? wall street veteran and bedford of adviser ceo joins us next. what's next? he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes report these signs and sptoms to youdoctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or bast cancer.
FOX News
Dec 6, 2012 8:00am PST
carolina three years ago. jenna: we've been talking about the fiscal cliff and the clock is ticking down until the deadline for that amid all the efforts to hammer out a deal on capitol hill. while some warn of the damagers going over a cliff the man known as one of the greatest 20th century advocates for a free market economy may have had a different take. his name was milton freidman, and his greatest concern was really just government, and too much of it. here he is in a clip from the 2006 documentary "1%." >> in the end we'd end up worse off. it would do harm not good. people don't pay those high taxes, they find ways of getting around it. you're never going to be able to stop them from finding ways to get around it. jenna: talking a little bit about taxes there. my next guest has written extensively about milton freidman. we wanted to ask him, what would milton do, one of the greatest economists. nobel peace prize winning economist. we have the author of the inch dense pensable milton freidman. what would he think about all of this. >> great to be with you. i'm sure if milton freidm
Current
Nov 28, 2012 5:00pm PST
guest, fran dresher, on say anything! >> eliot: hidden among all this talk of the fiscal cliff-austerity bomb being covered in horrendous and tedious detail by every cable station is a potentially more dangerous accounting deadline. the debt ceiling. and yes this is deja vu all over again. but i have a solution for president obama this time around. mr. president, turn the tables on him speaker boehner that is. we all recall the trap that the white house fell into last year, letting negotiations over the potential government shutdown be concluded only to be held hostage again when the republicans then refused to raise the debt ceiling without getting additional concessions. it was, as congressman welch said it was professional malpractice not to wrap the debt ceiling into the first round of negotiations. so don't do it again. the debt ceiling will necessarily and inevitably be hit and breached early next year. yet when president obama told speaker boehner at their november 16th meeting to raise the ceiling by year's end boehner said there is a price for everything. no, there doe
Current
Nov 28, 2012 8:00pm PST
the fiscal cliff because it doesn't sound like there is compromise in what you're saying saying. >> eliot: high lyleing the foolishness of the commentary this afternoon peter welch continues to encourage us to dive over the fiscal cliff and this is after congress mega congressman go halfraulgrijalva, thank you for joining us. >> thank you very much. i'm--i was astounded by the credit that i was given to me by the people that were questioning me on c nbc, but you know, i'm glad that they saved the market the next day. >> eliot: i'm glad to meet the person who can control the market unilaterally, and i'll call to see which way you're going to move the market on any given day. >> one of my friends in congress asked me, the next time you make those comments, call me ahead of time so i can sell early. >> eliot: one of the best ways to make money. putting that all aside there seems to be some vast effort to create this almost hysteria that if we don't fix this issue right now, the economy will go into a cataclysm, and it seems to me that we're not talking about the issues that we should be talk
CNN
Nov 30, 2012 1:00pm PST
. if the fiscal cliff hits and nothing changes. as you go and look at the first group of folks here, talk about people who make very little money, up to $20,000 or $20,000 to $40,000. this yellow part represents the current amount of taxes folks are paying out there. if the fiscal cliff hits and nothing changes, this group would pay about $400 more. this group down here would pay about $1,200 more. that doesn't seem like a whether or not he will lot of money, but against that kind of income it's pretty big. move to the next category. if you go to $40,000 to $64,000 in income or $64,000 to $108,000, you see the green area's much bigger. that's because there are a lot of taxpayers like this. and they're paying a fairly sizable amount. but if they're out there and the fiscal cliff goes all the way through and nothing stops it, look what's going to happen. almost $2,000 more for this group. that's what you would have to pay if you're in that group. and look down here at the other one down here, $64,000 to $108,000, $3,500 more on that. and as you move up it gets even more so. go to this group, peop
Current
Nov 29, 2012 8:00pm PST
-called fiscal cliff with laura tyson congresswoman donna edwards at >> eliot: as monti python used to say and now for something completely different. not something about the fiscal cliff or the benghazi kerfuffle let's talk british press scandals or the scope of rupert murdoch's media empire's breach of trust integrity and the law. today, lord justice levinson released his report detailing the scope of what he discovered in the british media especially focused, of course, on the enterprises owned by rupert murdoch that have been implicated in the scandals that have erupted over the past several years. to say it is not a pretty picture is to state the obvious. here are some of the figures detailed. 17 arrests have been made. with respect to payment of public officials 52 arrests have been made including 27 journalists. with respect to data hacking and improper access to personal computer records 17 arrests have been made. there were over 800 known victims of phone hacking by british media interests and until recentl
FOX News
Dec 2, 2012 1:00pm PST
attraction and they have already laid off 100 employees for the statue cruises. >> and talks over a fiscal cliff could be at an standstill. our political insiders are here to tell us about that. >>heather: battling obesity and what 10 college is doing to ensure the health of their students. [ male announcer ] more than a security system, adt can help you turn on a few lights. access cameras from anywhere to help you keep an eye on things. even bring family in from the cold when you're not there. now get the advanced technology of adt starting at just $99 and save $300. with adt, you get 24/7 fast response monitoring that helps protect you from burglary, fire, and high levels of carbon monoxide. plus remote access to your home. even control your thermostat to help save energy and money. get adt installed starting at just $99. that's a $300 savings. you may even save up to 20% on your homeowners insurance. for everything that matters most. adt. always there. >> announcer: 'tis the season of more-- more shopping, more dining out... and along with it, more identity theft. by the time this holi
FOX News
Dec 4, 2012 8:00am PST
will join us live to talk about the fiscal cliff negotiations. >>> a nightmare story straight from the subway tracks. a man pushed in front of a train. we'll have details from new york city. the second hour of "happening now" starts right now. jenna: former president george w. bush stepping into the spotlight to talk about two big topics in our country today, the economy of course and immigration. we welcome you to a second hour of "happening now." we're glad you're with us. i'm jenna lee. jon: i'm jon scott. a conference in dallas on economic immigration and growth. it highlights a story of immigrants making impact on the economy. president bush opening the event advocating for immigration reform to get the economy growing at a healthy rate. >> immigrants come with new skills and new ideas. they fill a critical gap in our labor market. they work hard for a chance for a better life. jon: our casey stiegel is keeping an eye on all of this live from dallas. >> reporter: jon, you're a pilot so i know you remember the jet age. we're talking about a point in american history in the '50s
FOX News
Dec 2, 2012 9:00am PST
democrat senator mark begich will join us to talk about the fiscal cliff and benghazi tragedy and whether he think thinks thinks that ambe would make a good secretary of state. we told you about order from jan brewer to prohibit illegal immigrants from getting a driver's license especially if they took part in president obama worker permit program to allow them to stay here and not be deported. the governor is being sued by immigrant right advocate. hot button issue. we ask you is the executive order reasonable or does it go too far? pete rice no, it doesn't go far enough. another viewer writes in and says this is prague that advertisem and integrity of law. there is a good argument for both sides. tweet us -- we will read more of your answers later in this show. ♪ ♪ >> shannon: northern california residents bracing for more flooding today as a third storm brings heavy rain to the area. northern bay area got more heavy rain last night. close to ten inchs. flash flood warnings are nefect. dominic di-natale is live with more. hello. >> reporter: hi, shannon. we have been having one inch
FOX News
Dec 2, 2012 11:00pm PST
quite a day around here friday with talks to avoid the fiscal cliff deadlock, and everyone saying the other side is to blame, pressure secretary geithner scheduled a ground of interviews. then friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday to tell his side of the story. you will hear from bain -- john bainner a few minutes. first my conversation with tim geithner about the lack of progress in steering away from the cliff. >> secretary geithner, welcome back to fox news sunday. >> nice to see you, chris. >> i spoke with house speaker boehner before you came over here. he said when you presented your plan to him on thursday he said, "you can't be serious" and mitch mcconnell, the republican leader, said he burst into laughter. >> chris, they are in kind of a tough position now. it's obviously a little hard for them now and they are trying to figure out where they go next. we might need to give them a little bit of time to figure out where they go next. but what we did, we laid out a very detailed, carefully-designed set of spending, sav
FOX
Dec 2, 2012 4:00pm PST
had quite a day around here, friday. with talks to avoid the fiscal cliff deadlock and everyone saying, the other side is to blame, treasury secretary geithner scheduled a round of interviews, then, friday afternoon, speaker boehner's office called to say he wanted to come on fox news sunday, to tell his side of the story. you'll hear from boehner in a few minutes, but first here's my conversation with tim geithner about the lack of progress in steering away from that cliff. >> chris: secretary geithner, welcome back to fox news sunday. >> nice to see you, chris. >> chris: i spoke with house speaker boehner just before i came over here and he says when you present your plan to him on thursday, he said you can't be serious, and, mitch mcconnell, the senate republican leader said he burst into laughter. >> they are in a tough position now and it will be -- obviously hard for them now and they are trying to figure out where they go next and we might need to give them time to figure that out, but what we did is, what you expect from us, we laid out a very detailed, carefully designed set o
CBS
Nov 30, 2012 7:00am PST
in never neverland. so much for a week of work here in washington to avert what's called the fiscal cliff. treasury secretary tim geithner gave house republicans new ideas on resolving the fiscal cliff. and left with their anger ringing throughout the capitol. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. i've got to tell you, i'm disappointed. >> reporter: here are the big white house numbers. for $4 trillion deficit reduction in ten years, $1.6 trillion comes from households earning more than $250,000 a year. $400 billion in entitlement cuts in program like medicare and medicaid and $50 billion in new spending next year for inf infrastructu infrastructure. there's another idea. a permanent cease fire on raising the debt ceiling now $16 trillion that would allow it to rise automatically. republicans use the debt ceiling last year to extract spending cuts and they don't want to give up that leverage. >> there's a lot of things i've wanted in my life but almost all of them had a price tag attached to them. and if we're
CNN
Dec 6, 2012 12:00am PST
to a commercial break. we'll talk about our own dysfunctional people in washington, d.c., in this fiscal cliff. [ man ] in hong kong, on my way to the board meeting... anne's tablet called my phone. anne's tablet was chatting with a tablet in sydney... a desktop in zurich... and a telepresence room in brazil. the secure cloud helped us get some numbers from my assistant's pc in new york. and before i reached the top, the board meeting became a congrats we sold the company party. wait til my wife's phone hears about this. [ cellphone vibrating ] [ female announcer ] with cisco at the center, working together has never worked so well. >>> this week, we made a good faith offer to avert the fiscal crisis. now, we need a response from the white house. we can't sit here and negotiate with ourselves. >> house speaker boehner saying that is president obama and the democrats to save you for being higher taxes. this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america bel
MSNBC
Dec 6, 2012 3:00am PST
. >> the whole thing about investing-- and obviously everybody's paying attention to the fiscal cliff. businesspeople i've talked to at this point are saying, listen, closing loopholes, raising rates, we don't care because if there is damage done there, it's much less than not reaching a deal. so reach a deal first. we don't even care anymore about this stuff, just get it done. but in terms of investing these days, you know, it's tough out there, of course. the idea is to be a contrarian, to think different. that's the only way, really, to get ahead over the long run. we have a story about jack bogel who has a company called vanguard, now $2.2 trillion colossus that he's built up by having low-cost index funds which people can't get their brains wrapped ar eped around, a really good strategy. we have a story about apple which is kind of the stock of our time. >> we asked the question, can you continue to be obsessed with apple stock? >> yes, i think you can. what's interesting about apple, and it's, again, sort of a contrarian position. a lot of people think the stock is really expens
FOX News
Dec 5, 2012 6:00am PST
on how to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic chemicals derailed nearly a week ago. 100 families told they have to leave their homes in new jersey near philadelphia. they have to play it safe until the last of the hazard does gas is removed. >> what we'll do we'll pump liquid in that dissolves the vinyl chloride. we'll pump that liquid back out into the highway truck. we have a derailment of hazardous of materials over and in a waterway and a community adjacent to it, right next to it. martha: the rail line is paying for hotel rooms and other expenses for 200 people not able to go home. the families as you can ima
FOX News
Dec 2, 2012 4:00pm PST
. lawmakers wrestling to make a deal to keep us from going over the so-called fiscal cliff taking to the airwaves. house speaker john boehner rejecting the proposal and calling talks a waste of time and treasury secretary timothy geithner standing firm saying there will be no deal without raising taxes for top earners. a new and unusual storm system bringing inches of rain and strong winds to northern california and parts of the pacific northwest. today's round predicted to be the worst of series that have come already, bringing flooding problems in several areas, but there is more rain to come. the taliban targeting a joint u.s.-afghan base killing at least five afghans. and the gun battled lasted two hours, no americans were hurt in the attack. new developments tonight for america's strongest ally and friend in the middle east, israel. it follows last week's decision by the united nations general assembly to upgrade the palestinian status from observer entity to non-member state, a move both israel and the u.s. voted against. today, israel announcing a decision of its own, the p
CNN
Nov 29, 2012 11:00am PST
of u.s. homeowners could get a financial hit if the fiscal cliff negotiations tweak a popular tax break. if the negotiators do that, the mortgage interest deduction could be on the table at those talks. christine romans has more now. >> reporter: don, the middle class's most cherished tax break could be in the cross hairs of negotiations. government spending on this will reach $100 billion by 2014 making it the third largest tax break on the books. who does it help? 41 million people. the most recent irs data shows 41 million people claimed this deduction on their 2010 tax returns. the tax return policy center says it tends to benefit upper middle class families the most. for those with annual incomes of less than $40,000, their savings about $91. or $5,500. this benefits people most on both coasts and cities like chicago with higher property prices. watching the fiscal cliff negotiations closely for what could happen next to the tax goody next year. don? >> christine, thank you very much. >>> okay. the fiscal cliff, you have heard vague warnings. let's get specific about it. your child
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